Moreauville LA | 270 - 9/11/2020 00:42
Was thinking too myself today that even with the rally in beans, it's gonna be kinda ugly. with what looked like potentially 60 bu beans that are now probably 40 bu. Soybeans just aren't gonna dollar up very good. $9 cash beans here at 40 bu=$360 income. -250 rent,-50 seed, -60 chemicals, -75 equipment, -38 crop insurance, -some fertilizer, - whatever else I'm missing. It's looking like the Dryland beans are gonna be $100-150 dollar losers here. I wish the rain would've came cause the price increase isn't gonna offset the money in bushels lost. Dryland corn is just as bad.
FIrst problem is the $250 rent.
Trying to grow 40 bu beans with that rent, why try.
That is some $60-75 cash ground at best as far as I am concerned. Or 20% share |
Bean Breakevens
